Hollis, AK is a small town located in the Southeast region of Alaska. It has a close-knit community with only 154 residents as of 2019. Despite its size, Hollis is home to several local businesses such as Hollis Cafe and Bar, Hollis Mart & Grocery Store, and HOLLIS Bike Shop. In terms of housing prices, the average 2 bedroom rent is $1,160 per month which is lower than the US average of $1,430. The grocery cost index in Hollis is also more affordable compared to other places in the US at 151 versus 100.
Hollis has an unemployment rate of 8.8%. The US average is 6.0%.
Hollis has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 22.3%, which is lower than the US average of 33.5%.
Tax Rates for Hollis
- The Sales Tax Rate for Hollis is 5.0%. The US average is 7.3%.
- The Income Tax Rate for Hollis is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Hollis
- The average income of a Hollis resident is $19,986 a year. The US average is $28,555 a year.
- The Median household income of a Hollis resident is $52,450 a year. The US average is $69,021 a year.